IntradayTrade dot Net
Performance Results

Thursday, 22-Sept-2011

  • India was today not spared from a global melt-down for no fault of our own. The huge fall was totally due to bad overnight global cues. Disturbing fact is that there was a fair bit of panic selling which the DIIs tried to control. 5200 for the NIFTY this week doesn't seem to be possible now.
  • Another bad day for IntradayTrade dot Net as the market conditions were not suitable for Intraday Traders wanting to go LONG. In spite of that, whatever profits we have been able to show in LONG on a day when the NIFTY has declined by over 200 points are definite feathers in our cap.

 

SUGGESTS:

 

ARVIND

 

DISHTV

 

EXIDEIND

 

ALSO SEE:

HEXAWARE

JPASSOCIAT

TITAN


 

SMS ALERTS for today

Pre-Market: 8:30am

Gap-down opening expected for our markets today;
Major Asian markets are trading bad after opening gap-down;
European and US markets closed mixed last night;
Dollar is up at 48.1700; WTI Crude is flat at $86.89;
NIFTY support levels today are: 5100, 5085-5070, 5020, 5000;
NIFTY resistance levels today are: 5170, 5200, 5230, 5265;
Market still considered positive for the near-term;
Technical mid-term downtrend for the NIFTY still holds till 4900;
International cues not supportive today morning;
Cautious opening expected; Market should improve later.

 

ALERT-1: 10:20am

Gap-down opening for the NIFTY; Almost 100 points down now;
Asian markets are all trading negative; Whole world is in the red;
HEXAWARE has done some good since opening;
Till the next Alert, See:

Name See
Above
Stop
Loss
Target
1
Target
2
Number
to buy
EXIDEIND 136 134 139 141 440
HEXAWARE 76 75 79 80 790

Also keep a watch on ARVIND>98 and JPASSOCIAT>73 if surge comes;
Follow PricePoints for these two and other Suggests; All for LONG;

NIFTY around 5030 now; Opened around 5060; Going down steadily;
Support is now at 5000; More Support is at 4985;
First Resistance is now at 5060-5080; More Resistance is at 5100;
NIFTY likely to trade quiet and flat;
Today is a risky day for Intraday Trading in LONG;
Take small small profits, then exit; Repeat many times.

 

ALERT-2: 11:00am

Market in the red; Trading flat; Trading quiet;
No Suggest gave profits in LONG since last Alert;
Big gap-down position; Discard all old Alert Levels;
Watch ARVIND>98 HEXAWARE>76 JPASSOCIAT>72.50 TITAN>230 now;
All these can fire if market turns up and holds;
All for LONG; Follow PricePoints.

NIFTY trading between 5030-5060 since opening;
Seems to have found Support at 5020; More Support is at 5000-4985;
First Resistance is now at 5060-5080; More Resistance is at 5100;
NIFTY likely to trade flat within range for some time;
Good chances of a positive breakout after mid-day;
Asian markets are bad; Global cues turning flat;
Be careful ... take LONG position when certain.

 

ALERT-3: 12:30pm

Market deep in the red; Going down; Negative bias;
Asian markets badly in the red; Europe expected to open very bad;
ARVIND TITAN gave small profits in LONG since last Alert;
See now ARVIND>99 TITAN>230; All Suggests can fire if Market goes up;
All for LONG; Follow PricePoints;

NIFTY around 5000 now; Going down from a high of 5060;
Support of 5000 under test now; More Support is at 4985;
More downside cannot be ruled out if Europe opens very bad;
But our market showing lot of strength; May turn around;
Careful... do not lose profit already made.

 


 

 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
88 90 95 98 100 103 105

Suggest-1:

ARVIND

Approx. 1st Entry Point: Rs. 99
Approx. 1st Exit Point: Rs. 100
Avg. No. of Shares Traded: 600
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 600

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
74.00 74.90 77.30 78.20 79.30 80.50 81.40

Suggest-2:

DISHTV

Approx. 1st Entry Point: Rs. — Stay Away —
Approx. 1st Exit Point: Rs.
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
129 131 135 136 138 140 141

Suggest-3:

EXIDEIND

Approx. 1st Entry Point: Rs. — Stay Away —
Approx. 1st Exit Point: Rs.
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
70.80 72.00 74.70 75.90 77.20 78.60 79.80

Also See-1:

HEXAWARE

Approx. 1st Entry Point: Rs. 74.50
Approx. 1st Exit Point: Rs. 75.50
Avg. No. of Shares Traded: 790
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 790

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
69.70 70.60 72.70 73.50 74.60 75.60 76.50

Also See-2:

JPASSOCIAT

Approx. 1st Entry Point: Rs. — Stay Away —
Approx. 1st Exit Point: Rs.
Avg. No. of Shares Traded:
Approx. Profit per Share: Rs.
Approx. Profit Today: Rs. NIL

TOP


 

PP1 PP2 PP3 PP4 PP5 PP6 PP7
219 223 231 234 238 242 246

Also See-3:

TITAN

Approx. 1st Entry Point: Rs. 231
Approx. 1st Exit Point: Rs. 232
Avg. No. of Shares Traded: 260
Approx. Profit per Share: Rs. 1
Approx. Profit Today: Rs. 260

 


 

About the profit figures shown in these pages:
  • If a Suggest is mentioned in our Alerts, together with StopLoss and Targets, profit will be shown only if the 'See Above' figure is crossed positively and reasonable profits are generated. It is not necessary that Target figures are reached.
  • Once a 'See Above' figure is mentioned, we do not show a profit in these pages unless this figure is crossed positively. "Stay Away" is reported even if there is profit to be gained from this Suggest.
  • "Stay Away" is also reported for any Suggest that is not mentioned in our Alert which also does not give any opportunity as per our PricePoints.
  • Profit shown for any Suggest that is not mentioned in any Alert is as per our PricePoints. Reasonable profits will have to be generated — it is not necessary that any exact PricePoints are reached.

 

Please Note:
  1. Charts/Data courtesy NSEI/Yahoo!/iCharts/Rediff MoneyWiz.
  2. 'Approx. 1st. Entry Point' is the price at which 'first' entry is made.
  3. There can be more than one entry. Price for subsequent entries not shown.
  4. 'No. of Shares Traded' is calculated on 15k investment and 4x exposure (15000x4=60000) normally allowed by online brokering houses for intraday trading.
  5. 'Approx. Profit per Share' is cumulative of all entries.
  6. Figures within curly brackets {} stand for SHORT sell profits.
  7. All figures are indicative only.
  8. Profit figures given at our website are "estimates" only and do not take into account brokerage charges and other operational costs. This is because these charges can vary widely across the country and it will be misleading to give any one figure that is applicable in any one region in India.  TOP